Are FTX funds gone?

Could you please elaborate on the current status of FTX funds? Are they completely depleted, or is there still some hope for recovery? With the recent events surrounding the exchange, it's crucial for investors and stakeholders to have a clear understanding of the situation. Can you provide any insight into the reasons behind the potential loss of funds, and what measures are being taken to address the issue? Additionally, are there any ongoing investigations or legal proceedings related to the matter?